Russell Investments Group Ltd. Has $1.78 Million Stake in Korea Electric Power Co. (NYSE:KEP)

Russell Investments Group Ltd. reduced its position in shares of Korea Electric Power Co. (NYSE:KEP - Free Report) by 13.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 258,819 shares of the utilities provider's stock after selling 41,777 shares during the period. Russell Investments Group Ltd.'s holdings in Korea Electric Power were worth $1,781,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in KEP. Sanctuary Advisors LLC purchased a new position in Korea Electric Power in the fourth quarter valued at $525,000. Stifel Financial Corp purchased a new position in Korea Electric Power in the third quarter worth $96,000. State Street Corp lifted its position in shares of Korea Electric Power by 0.9% during the 3rd quarter. State Street Corp now owns 746,847 shares of the utilities provider's stock valued at $5,796,000 after acquiring an additional 6,975 shares during the period. American Century Companies Inc. boosted its position in Korea Electric Power by 6.4% during the fourth quarter. American Century Companies Inc. now owns 416,155 shares of the utilities provider's stock worth $2,863,000 after purchasing an additional 25,018 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in Korea Electric Power in the third quarter valued at $140,000.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Korea Electric Power from a "hold" rating to a "buy" rating in a research report on Friday, April 11th.

Korea Electric Power Stock Down 0.8 %

Shares of KEP traded down $0.08 during midday trading on Thursday, hitting $8.94. The company had a trading volume of 44,441 shares, compared to its average volume of 148,655. The stock has a market cap of $11.47 billion, a price-to-earnings ratio of 4.14 and a beta of 0.94. Korea Electric Power Co. has a 52 week low of $6.68 and a 52 week high of $9.43. The company's 50 day moving average price is $7.78 and its 200 day moving average price is $7.66. The company has a quick ratio of 0.30, a current ratio of 0.43 and a debt-to-equity ratio of 2.10.

Korea Electric Power (NYSE:KEP - Get Free Report) last issued its earnings results on Tuesday, March 11th. The utilities provider reported $0.57 earnings per share for the quarter, topping analysts' consensus estimates of $0.55 by $0.02. Korea Electric Power had a net margin of 4.03% and a return on equity of 9.64%. The company had revenue of $16.82 billion for the quarter, compared to analysts' expectations of $17.04 billion.

Korea Electric Power Company Profile

Korea Electric Power Corporation, an integrated electric utility company, engages in the generation, transmission, and distribution of electricity in South Korea and internationally. The company operates through Transmission and Distribution, Nuclear Power Generation, Thermal Power Generation, and Others segments.